Under the Equal Credit Opportunity Act, lenders can’t discriminate against applicants because of their age. As a result, seniors — like people in other age groups — can get mortgages if they ...

There are multiple timely reasons why a reverse mortgage makes sense for seniors this September. Here are three.

As seniors face financial challenges in the current economic climate, one often-overlooked solution is gaining traction as a ...

Don't want to give up your existing, low mortgage interest rate? You won't have to with any of these three options.

Reverse mortgages have become a popular financial planning tool for seniors looking to leverage their home equity to support their retirement. These loans allow homeowners aged 62 and older to ...

If you're at or near retirement and looking for a new mortgage, it might call for more preparation than any previous home purchases. [IMAGE] While many in their 60s and 70s are still working full ...

Q. We are senior citizens who own a condominium with no mortgage. We want to stay in our condominium, however, our savings are dwindling, and our fixed income is not keeping up with our expenses ...

Reverse mortgages were largely created for seniors who are cash-poor and house-rich -- meaning they have a lot of equity in their homes but little or no savings.

Rayford, 92, took advantage of a federally insured loan called a reverse mortgage that allows cash-strapped seniors to borrow against the equity in their houses that has built up over decades.

Seniors considering the benefits of a reverse mortgage now should first consider the answers to these four questions.

Source: Reverse Mortgage Alert Ahead of National Senior Citizens Day, EAG champions reverse mortgages to help seniors tap home equity and age in place with comfort, dignity, independence. Reverse ...

Yes, lenders offer mortgages for seniors. When it comes to getting a home loan, mortgage lenders look at many factors to decide whether a borrower is qualified — but age isn’t one of them.